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Instrument Details

ISIN: INE667F07ID1

Face value

₹10,00,000

Coupon rate

5.75%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

Medium

Date of Issue

22 Dec 2021

Maturity Date

22 Dec 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SUNDARAM HOME FINANCE LIMITED SR 326 5.75 NCD 22DC23 FVRS10LAC
Sundaram Home Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE667F07ID1, with a face value of ₹10,00,000 rs on 22Dec21 to raise 150 crores. The debt instrument is issued with a coupon rate of 5.75% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 5.75% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 326. DATE OF MATURITY 22/12/2023. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 23Dec21. ICRA LIMITED has given AAA rating to this Debenture on 18Sep24. This issuer is formerly known as SUNDARAM BNP PARIBAS HOME FINANCE LIMITED, SUNDARAM HOME FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
19 Sep 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
22-Dec-21 : Your investment
₹57,50,000
22-Dec-22 : Interest
₹57,50,000
22-Dec-23 : Interest
₹11,15,00,000
22-Dec-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,15,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

5.75%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE667F07ID1 issued by Sundaram Home Finance Limited

The instrument name of INE667F07ID1 ISIN is SUNDARAM HOME FINANCE LIMITED SR 326 5.75 NCD 22DC23 FVRS10LAC.
The interest earned from INE667F07ID1 bond issued by Sundaram Home Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE667F07ID1 bond issued by Sundaram Home Finance Limited has been assigned a credit rating of AAA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 5.75%, which determines the periodic interest payments made to bondholders.
The INE667F07ID1 Debenture is issued by Sundaram Home Finance Limited, a Private Sector company.
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